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Dec 9, 2012
12/12
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WBAL
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. >> experts say the fiscal cliff could play grinch to the u.s. economy during the holiday shopping season. in a recent survey, the national retail federation found about 2/3 of shoppers said the fiscal cliff and other economic concerns would affect their holiday spending. the fiscal cliff will result in tax increases and federal spending cuts. >> both parties are kind of, hey, i'm going to do my thing, you're going to do your thing, nobody seems to want to give in. they're going to have to because this country's in a dire situation. >> many shoppers agree, as tax paying citizens, one of the top things on their wish list for christmas is for the president and congress to compromise and to get a deal done. >> please start working together and remember the people who put you in office. >> nadia ramdass, wbal-tv 11 news. >> jews around the world celebrated the beginning of eight-day hanukkah festival saturday evening by lighting the candles of the ceremonial lamps. in chicago, hundreds gathered to watch the lighting of an eight-foot menorah. also kno
. >> experts say the fiscal cliff could play grinch to the u.s. economy during the holiday shopping season. in a recent survey, the national retail federation found about 2/3 of shoppers said the fiscal cliff and other economic concerns would affect their holiday spending. the fiscal cliff will result in tax increases and federal spending cuts. >> both parties are kind of, hey, i'm going to do my thing, you're going to do your thing, nobody seems to want to give in. they're going to...
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Nov 9, 2012
11/12
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WJLA
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eye 129
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the fiscal cliff could cause the economy to shrink and destroyed hundreds of thousands of jobs. the question is, can the lame- duck congress prevent that from happening? the terms fiscal cliff is not a household word yet, but give it a few days. it could mean another recession and a jump in the unemployment rate. >> this is an opportunity for the president to lead. >> the president will address attempt to cut the federal deficit by half a billion dollars by next fall. >> according to ernst and young raising the top rates would destroy nearly 700,000 jobs in our country. >> with no bipartisan agreement, laws that to change could mean an end to tax breaks for business. democrats will not raise taxes on -- >> i have a spouse who is underemployed. i have one that will be graduating in may. it is people who are trying to find jobs i would be more concerned about. >> not to mention the new debt ceiling deal is said to cut hundreds of government programs including the defense budget and medicare. >> we need to try to get some stuff done. >> the gross domestic product would grow by 2% n
the fiscal cliff could cause the economy to shrink and destroyed hundreds of thousands of jobs. the question is, can the lame- duck congress prevent that from happening? the terms fiscal cliff is not a household word yet, but give it a few days. it could mean another recession and a jump in the unemployment rate. >> this is an opportunity for the president to lead. >> the president will address attempt to cut the federal deficit by half a billion dollars by next fall. >>...
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464
Nov 7, 2012
11/12
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CNBC
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eye 464
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the fiscal cliff is facing us. we need to solve it. it's the most important thing that government can do. you were talking earlier about creating jobs and what candidate is best for creating jobs. remember that businesses and not government create jobs and what government does is create circumstances under which business can create jobs. the most important set of problems facing job creators today is uncertainty coming from the fiscal cliff. my personal view as a supporter of obama is he's more likely to be the person able to deal with that because he's put the entitlement reforms on the table that are necessary to get that done. we need entitlement reform and tax increases. mitt romney, who i've known for a long period of time and have huge personal respect and affection for has a set of tax policies out there that are unrealistic. so that's one of the reasons i support obama. i do think whoever becomes the next president is going to have to deal with that as the very first thing before dealing with any other issues that face us. >> i
the fiscal cliff is facing us. we need to solve it. it's the most important thing that government can do. you were talking earlier about creating jobs and what candidate is best for creating jobs. remember that businesses and not government create jobs and what government does is create circumstances under which business can create jobs. the most important set of problems facing job creators today is uncertainty coming from the fiscal cliff. my personal view as a supporter of obama is he's more...
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Dec 24, 2012
12/12
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FBC
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, if in fact, we do go over the fiscal cliff. well, since the the horrific shooting in connecticut we've heard lots of ideas on how to keep our children safer, but what do the people really want? scott rasmussen joining us now with a look at his latest polls on these issues. scott, good to see you. in general, i imagine the move in favor of gun control is increasing, correct? >> it has. in fact. 47% say they want stricter gun control laws at the highest level of support we've ever seen. 55% want to see a ban on assault weapons or semi automatic weapons. david, people want something to be done. they know there are no simple solutions and the world can't be made perfectly safe, but they're looking at gun control and limits on violent video games and movies and concerned about mental illness. david: we're looking at the favor assault weapons ban number. the 55% you've mentioned. we've been there before. we had a federal assault weapons ban and we've debated the governor of new jersey how effective that was. and were the numbers abou
, if in fact, we do go over the fiscal cliff. well, since the the horrific shooting in connecticut we've heard lots of ideas on how to keep our children safer, but what do the people really want? scott rasmussen joining us now with a look at his latest polls on these issues. scott, good to see you. in general, i imagine the move in favor of gun control is increasing, correct? >> it has. in fact. 47% say they want stricter gun control laws at the highest level of support we've ever seen....
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Dec 31, 2012
12/12
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WBAL
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eye 144
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investors are concerned that going over the fiscal cliff would hurt the economy. a big drop for stocks on friday. your taxes may go up in 2013. top leaders back to a short-term extension of a farm law that would keep prices from rising. at least 24 colleges have frozen tuition and then leased eight have cut tuition including scene haeton hall. i'm jane king with the bloomberg business report. >> we know the ravens are in the playoffs and now we know who they will be playing. >> don't forget to e-mail us your response to our water cooler question of the day. what are you looking forward to in 2013? you can share your response at wbaltv.com and on our facebook page, or send us an e-mail to watercooler@wbaltv.com. >> 18 to 1 are the odds the ravens were given to win the super bowl. >> there are two constance with the ravens, joe flacco and the health.ltam >> we have a couple people out on defense. >> they can get to the super bowl if they can keep everyone. we have everyone that we need. >> we want to hear your take on the ravens' postseason playoffs. >> 5:26. fiscal
investors are concerned that going over the fiscal cliff would hurt the economy. a big drop for stocks on friday. your taxes may go up in 2013. top leaders back to a short-term extension of a farm law that would keep prices from rising. at least 24 colleges have frozen tuition and then leased eight have cut tuition including scene haeton hall. i'm jane king with the bloomberg business report. >> we know the ravens are in the playoffs and now we know who they will be playing. >>...
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Oct 15, 2012
10/12
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FBC
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eye 138
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the fiscal cliff overhanging the economy computer thought we would have heard more talk that really has not shown up. perhaps following the election, certainly driving the trade after the election of fiscal cliff will be handled properly. liz: we get to why there isn't a lot of fear in the market. was it the greek drama? when not even close to anything like that, we're seeing a little hint further out on certain contracts kind of way out there, they're starting to look higher, aren't they? >> i think there is a trade. let me directly answer your question. trading around 16. for hedge fund managers, the trade could be to sell the june, capture the differentials. i think as time elapses, if the election moves one way over the next three weeks or so, there is a sense something will get done in washington, d.c., comics will come off, those contracts are probably a better set. liz: thank you, so much. we will check back in a few minutes. ashley: let's get to the street fight. let's begin with brad, brad, your son is short etf despite the fact we have seen through the etf up this year, so why
the fiscal cliff overhanging the economy computer thought we would have heard more talk that really has not shown up. perhaps following the election, certainly driving the trade after the election of fiscal cliff will be handled properly. liz: we get to why there isn't a lot of fear in the market. was it the greek drama? when not even close to anything like that, we're seeing a little hint further out on certain contracts kind of way out there, they're starting to look higher, aren't they?...
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Dec 27, 2012
12/12
by
WMAR
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eye 52
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five days and counting until the united states economy goes over the fiscal cliff if something isn't done. >> american people are waiting for the ball to drop but it's not going to be a good drop. >> reporter: with no deal taxes will go up and spending will be slashed. some warn the impact could spark another recession. with the deadline approaching the president returned to the white house and the united states senate is back in session. the house will reconvene by sunday evening. >> there is still time and it depends on how complicated the fiction it. >> reporter: the sticking point continues to be taxes. democrats want to extend the tax cuts to everybody but those americans making $250,000 or more a year. republicans remain against any tax increases. the debate is park sparking a high stakes match. >> the speaker cares more about his speaker ship than helping the nation. >> nobody is willing to pull the trigger. everybody wants to play the blame game. it's about to put us over the edge. >> reporter: and that's just where the economy may go. some say a situation could be allowing t
five days and counting until the united states economy goes over the fiscal cliff if something isn't done. >> american people are waiting for the ball to drop but it's not going to be a good drop. >> reporter: with no deal taxes will go up and spending will be slashed. some warn the impact could spark another recession. with the deadline approaching the president returned to the white house and the united states senate is back in session. the house will reconvene by sunday evening....
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Oct 17, 2012
10/12
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WMAR
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we have to grow our economy. yes. we're facing a fiscal cliff. yes, our finances are not in order. if we can grow our economy pie creating jobs, we will jump start, left the economy from the bottom up. i have a proposal, five specific proposals that will jump start maryland's economy. if i do not acome pleasure them in my -- accomplish them in my first term, i will not run again. politics is broken. we need to have solutions. i'm running as an independent the first promise i'm making is $3 billion in transportation spending, not taxpayer money, in the your money, my money but private sector money into the state of maryland to build a second diagnosis over the baltimore beltway as we go on to the washington belt way so we can release traffic. second, we're going to, in baltimore, in the city of baltimore, create $1 billion worth of new homes, a billion dollar in private investments. that's my pledge. if i don't get $1 billion in priest money into baltimore for urban renewal, i will not run again. we've elected officials in the city of baltimore who every six years show up and ask fo
we have to grow our economy. yes. we're facing a fiscal cliff. yes, our finances are not in order. if we can grow our economy pie creating jobs, we will jump start, left the economy from the bottom up. i have a proposal, five specific proposals that will jump start maryland's economy. if i do not acome pleasure them in my -- accomplish them in my first term, i will not run again. politics is broken. we need to have solutions. i'm running as an independent the first promise i'm making is $3...
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Nov 8, 2012
11/12
by
WBAL
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eye 226
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economy in the fiscal cliff. >> we are hearing from democrats and republicans in congress about working together, but it remains to be seen whether they will back up the top with action. -- back up the talk wtih action. action. the dow dropped 13,000. it is that it would downgrade the u.s. credit rating if congress does nothing about the so-called fiscal cliff. compromising to be the word of the day on a compromise from leaders on both sides of the ideal. >> it is better to be of that fight. it is better to work together. republican speaker of the house signaled his party may be open to deal that includes higher taxes. to the we are willing to except the revenue under the right conditions. democratic senate majority leader harry reid wonder why the wait? >> i am not for kicking the can down the road. i did we have done up far too much. we know what the issue is, and we need to solve that issue. >> president obama looking ahead to the lame-duck session of congress next week. in washington, hallie jackson, wbal-tv 11 news. >> the 11 news eye team caught up with sheila dixon to talk about
economy in the fiscal cliff. >> we are hearing from democrats and republicans in congress about working together, but it remains to be seen whether they will back up the top with action. -- back up the talk wtih action. action. the dow dropped 13,000. it is that it would downgrade the u.s. credit rating if congress does nothing about the so-called fiscal cliff. compromising to be the word of the day on a compromise from leaders on both sides of the ideal. >> it is better to be of...
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Nov 18, 2012
11/12
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WBAL
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or risk taking the nation over fiscal cliff that could imperil the economy. susan rice and her statements about the day attack in benghazi and whether they make are unfit to serve as secretary of state. david petraeus was not talking about a sex scandal that is still sending shock waves through the capital. for the peasant -- president, no vacation after a busy week. >> there is no let up in the air battle between israelis and palestinian militants in gaza. 160 rockets launched into israel today, including two targets in libya. the official said 46 palestinians and three israelis have been killed so far in this for a fight. estelle was missouri man confessed of plotting to shoot a screening of -- a missouri man confessed to plotting to issued its meaning of twilight. he's been charged with first- degree assault and making it terrorist threat. prosecutors plan to ask for a mental exam. federal of investigators are continuing to review the get the he deadly train accident. the warning bells and signals were activated 20 seconds before the accident and the float
or risk taking the nation over fiscal cliff that could imperil the economy. susan rice and her statements about the day attack in benghazi and whether they make are unfit to serve as secretary of state. david petraeus was not talking about a sex scandal that is still sending shock waves through the capital. for the peasant -- president, no vacation after a busy week. >> there is no let up in the air battle between israelis and palestinian militants in gaza. 160 rockets launched into...
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Nov 14, 2012
11/12
by
WUSA
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eye 144
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. >> reporter: the president opened news conference with talk of jobs, economy and fiscal cliff. >> first public comments about the scandal involving david patraeus. >> provided this country an extraordinary service. we are davis because of the work he has done. >> he resigned from the cia last friday after the fbi uncovered he had an affair. >> i have no evidence at this point that classified information was disclosed that in anyway would have had negative impact on our national security. >> the scandal is threatening the future of general john allen, the top commander in afghanistan. looking into e-mail communication with jill kelley. complaint to the fbi revealed the patraeus affair. >> obama is holding judgment about why he didn't learn until last week. law makers want answers. >> nothing happening for 6 months and the week after the election one event after another. it doesn't add up. >> top fbi officials met with law makers wednesday. senator diane fine stein described it as. >>> also agreed to testify about the deadly attack on the u.s. consulate in benghazi. the new details are st
. >> reporter: the president opened news conference with talk of jobs, economy and fiscal cliff. >> first public comments about the scandal involving david patraeus. >> provided this country an extraordinary service. we are davis because of the work he has done. >> he resigned from the cia last friday after the fbi uncovered he had an affair. >> i have no evidence at this point that classified information was disclosed that in anyway would have had negative impact...
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Jun 23, 2012
06/12
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CSPAN3
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economy off the fiscal cliff unless they get what they want. what do they want? they want the extension of the bush tax cuts for the wealthy, they want deep cuts in public spending, including medicare, medicaid, but not for the military contractors. and on top of all this, they want more tax cuts for the top 1% and for the corporations. now as we heard this morning, the conservative train wreck in december, avoiding that conservative train wreck, requires that we work to -- our first speaker knows how to win. before she won a state in the illinois assembly and then in the u.s. congress, jan shikowski was one of us. she was a activist winning victories then and now for our consumers, seniors and women. and she kept on being an activist in congress. as a member of the simpson-bowles commission, she wrote up a progressive alternative to that unpopular deficit plan and she advanced a clear plan for funding public needs through economic growth, not austerity and through progressive taxation, and working with all of us, she put forward real solutions. jan also knows ab
economy off the fiscal cliff unless they get what they want. what do they want? they want the extension of the bush tax cuts for the wealthy, they want deep cuts in public spending, including medicare, medicaid, but not for the military contractors. and on top of all this, they want more tax cuts for the top 1% and for the corporations. now as we heard this morning, the conservative train wreck in december, avoiding that conservative train wreck, requires that we work to -- our first speaker...
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Nov 14, 2012
11/12
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WGN
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eye 210
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it will be good for the economy. it takes the edge off of the fiscal cliff. let's also then commit ourselves. i'm willing to look additional l. want a big deal. i want a comprehensive deal. i want to see if we can at least provide certainty to businesses and the american people so that we can focus on job growth. so that we are investing in the things that we need. right now i want to make sure the taxes on middle-class families do not go up. there is a very easy way to do that. we can get that done by next week. >> on immigration reform. the criticism in the past has been that you did not put forth legislation with specific ideas and send it up the hill. this time around you have said this will be one of the top priorities for a second term. will you send legislation? what do you envision is broad immigration reform? what lessons did democrats learn about the latino? i think what was incredibly and urging was to see a significant increase and latino turnout. the fastest- growing group in the country. historically we have seen is the latino vote at lower rate
it will be good for the economy. it takes the edge off of the fiscal cliff. let's also then commit ourselves. i'm willing to look additional l. want a big deal. i want a comprehensive deal. i want to see if we can at least provide certainty to businesses and the american people so that we can focus on job growth. so that we are investing in the things that we need. right now i want to make sure the taxes on middle-class families do not go up. there is a very easy way to do that. we can get that...
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180
Nov 9, 2012
11/12
by
WBAL
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. >> the deadline for a deal to avoid the fiscal cliff is january 1st. without a compromise, the congressional budget office says automatic tax increases and deep spending cuts could send the economy into a deep recession. >> on tuesday night, we found out that the majority of americans agree with my approach. >> raising tax rates will slow down our ability to create the jobs that everyone says they want. >> still, john boehner has left the door open to finding new revenues by reforming the tax code. >> both sides will be looking for ways to claim victory without causing too much trouble for their respective party basis. >> both sides can at least agree on this. the nation cannot plunge off the fiscal clef. -- cliff. >> the president is encouraging congress to go ahead and extend tax cuts for middle-class americans while negotiations continue on the rest of this. >> so what is the fiscal cliff and how could impact your money if congress does nothing? the truth is, it could affect everything from your dog to your 401k to your wallet. -- your job to your 4
. >> the deadline for a deal to avoid the fiscal cliff is january 1st. without a compromise, the congressional budget office says automatic tax increases and deep spending cuts could send the economy into a deep recession. >> on tuesday night, we found out that the majority of americans agree with my approach. >> raising tax rates will slow down our ability to create the jobs that everyone says they want. >> still, john boehner has left the door open to finding new...
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Aug 23, 2012
08/12
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WETA
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. >> susie: we continue our coverage of the impact of the fiscal cliff on the u.s. economy. two leaders urging lawmakers to fix the problem before it's too late are alan simpson and erskine bowles. they are the co-chairs of president obama's commission on deficit reduction. our washington bureau chief, darren gersh, spoke with them, and began by asking erskine bowles why he thinks we will go over the cliff. >> because i think both sides see it to their advantage to go over the cliff, their political advantage. to me, it makes no sense whatsoever. what they're doing is really, you know, making a bet on the country. they're really risking our country. we've got $7 trillion worth of economic events that will hit us in the gut in december-- expiration of bush tax cuts, the expiration of the payroll tax cut, it's these mindless and senseless across-the-board cuts that came about because of the sequester, which came about because of the failure of the super committee. and if we do nothing by the end of this year, the negative impact on economic growth in 2013 will be enough to thr
. >> susie: we continue our coverage of the impact of the fiscal cliff on the u.s. economy. two leaders urging lawmakers to fix the problem before it's too late are alan simpson and erskine bowles. they are the co-chairs of president obama's commission on deficit reduction. our washington bureau chief, darren gersh, spoke with them, and began by asking erskine bowles why he thinks we will go over the cliff. >> because i think both sides see it to their advantage to go over the...
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Nov 28, 2012
11/12
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CSPAN
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eye 114
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the president's only solution to solve our fiscal cliff issue is to raise taxes. in 2010, we had the same debate. raise taxes in the middle of a weak economy. at the time economic growth was 2.4 through the first three- quarters. number is 1.8%. the president said you shouldn't weak economy. has to lead on this issue. on people who create jobs in this economy if it is about jobs and the economy. and we all know what drives federal spending in this countryand we have seen no proposal from the president when it comes programs and getting them on athere is a solution out there, solution is to raise taxes on the very people that we're looking to to lead us out of time. >> the president says he is focused on jobs and growth and what republicans are committed to is providing good jobs for working families. and one of the ways we are going to do with the keystone xl pipeline. we joined nine democrat colleagues to write a letter to the president to ask him to meet with us to focus on keystone xl pipeline. wonderful way to do it. talking about 20,000 jobs and the additiona
the president's only solution to solve our fiscal cliff issue is to raise taxes. in 2010, we had the same debate. raise taxes in the middle of a weak economy. at the time economic growth was 2.4 through the first three- quarters. number is 1.8%. the president said you shouldn't weak economy. has to lead on this issue. on people who create jobs in this economy if it is about jobs and the economy. and we all know what drives federal spending in this countryand we have seen no proposal from the...
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179
Nov 10, 2012
11/12
by
WBAL
tv
eye 179
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the budget office warns the fiscal cliff could cause the economy to slide back into a recession and raise the unemployment rate to 9.1%. >> more will be taken out of your check. you will have less to spend. the impact will be substantial. think about the coffee shop across the street from the plant that makes weapons. the ripple effect on communities, workers, and families. >> if washington cannot get a deal done before january and we do go off the cliff, maryland would hit the ground harder than many other states. >> the question is, why? a closer look at the potential impact. >> maryland has strong financial ties to the federal government. if washington cannot cut this deal, experts say maryland will quickly be in a recession. as politicians state their positions on how to avoid a fiscal cliff -- >> i am not going as students and seniors and middle-class families to pay down the entire deficit. >> the problem with raising tax rates on the wealthiest americans is that more than half of them are small business owners. >> maryland is most likely positioned for a financial fall. if washingt
the budget office warns the fiscal cliff could cause the economy to slide back into a recession and raise the unemployment rate to 9.1%. >> more will be taken out of your check. you will have less to spend. the impact will be substantial. think about the coffee shop across the street from the plant that makes weapons. the ripple effect on communities, workers, and families. >> if washington cannot get a deal done before january and we do go off the cliff, maryland would hit the...
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200
Nov 9, 2012
11/12
by
WBAL
tv
eye 200
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people may reduce their holiday buying. >> the fiscal cliff could cause the economy to slide back into recession and raise the unemployment rate to 9.1%. >> the bottom line is, markets already saying, we are not sure what is happening here. the ultimate irony is this would have happened regardless of who got elected president. >> president obama is urging congress to act to avert this fiscal cliff. he is planning to meet with leaders of both parties in the white house next week. >> here is a look at some of our other top stories at this hour. cia director david petraeus has resigned to night because of an extramarital affair. in his letter of resignation, he said he asked president obama for permission to step down, saying his behavior was unacceptable as a husband and an official. president obama did accept the resignation. he said the four-star general has made our country safer and stronger. transportation officials have confirmed that they are investigating theft and misconduct by transportation department personnel. an extensive investigation has revealed employees received more t
people may reduce their holiday buying. >> the fiscal cliff could cause the economy to slide back into recession and raise the unemployment rate to 9.1%. >> the bottom line is, markets already saying, we are not sure what is happening here. the ultimate irony is this would have happened regardless of who got elected president. >> president obama is urging congress to act to avert this fiscal cliff. he is planning to meet with leaders of both parties in the white house next...
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126
Dec 30, 2012
12/12
by
WRC
tv
eye 126
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, and it has been building for months now the talk of the fiscal cliff. how optimistic are you about the economy and the business climate out there? how patient do we need to be in the recovery? >> i think as we all know there are lots of corporations in the country that are flushed with cash, and they are hoarding it and not investing in folks and innovation, and they are concerned about where we stand from a regular hrau tolaw tore perspective. i would hope that the white house, the senate, the congress would be able to come together, republicans and democrats to layout a more strategic vision for the future. and we need to simplify the tax code and make it fairer. we need to make sure that government spending is brought under control, and not in a corrosive way or an abusive way, but in a way that makes sense we we can demonstrate so we are serious about controlling our deficit. we have a trillion dollars worth of deficit over year, and we need to sustain that. we know the wealthy will have to pay more and the poor will have to have fewer benefits and
, and it has been building for months now the talk of the fiscal cliff. how optimistic are you about the economy and the business climate out there? how patient do we need to be in the recovery? >> i think as we all know there are lots of corporations in the country that are flushed with cash, and they are hoarding it and not investing in folks and innovation, and they are concerned about where we stand from a regular hrau tolaw tore perspective. i would hope that the white house, the...
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162
Nov 21, 2012
11/12
by
CNBC
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eye 162
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we'll have a sudden fiscal cliff? >> i worry about the damage that mighting done in fixing it. you don't think the tax increases that could come at the end of the year and the spending cuts of less 100 build, you don't think those would in deuce a severe recession and everybody on wastreet? >> they are not that big of rate increases so far. welcome to the show and what would you do about it? >> they are proposing letting the bush tax cuts stand for everyone because the top 2%. if you raise them and closing the interest loop hole, fixing the estate tax you come out to $100 trillion in savings. >> serious question, you have a famous name and we welcome you onto the program. do you record that as rich? >> what i regard is irrelevant haven't, the fact of the matter is they represent the bottom of the 2% of easternrners in the country. the question is an interest heihe i interesting one. we have been cherry picking the stories. the fact is that 3% of businesses will be affected by these increases. could be a big three percent though. let me go back to casey mulligan. i believe she i
we'll have a sudden fiscal cliff? >> i worry about the damage that mighting done in fixing it. you don't think the tax increases that could come at the end of the year and the spending cuts of less 100 build, you don't think those would in deuce a severe recession and everybody on wastreet? >> they are not that big of rate increases so far. welcome to the show and what would you do about it? >> they are proposing letting the bush tax cuts stand for everyone because the top 2%....
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Dec 7, 2012
12/12
by
CSPAN
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eye 150
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host: how will the fiscal cliff negotiations affect you? will you lose benefits? caller: i will lose benefits at the end of december, and i will have to go on county assistance to see what they can do to help, but i would rather go back to work. i started picking work when i was 12 years old. host: what are you doing to prepare for the scenario? caller: i am trying to get my ged but i have always had a problem with education. guest: this is a huge issue. people like john are not at the negotiation table. it is tough to consider the full range of decisions. what we find time and time again is that the education and skills component of helping unemployed workers get back into the workforce is a big obstacle. we have 40 programs on the federal level to deal with that, but based on analysis out of rutgers university, is usually people that have been able to find their own education path and get their own skills and out of these government programs have been the most successful. that is a problematic dynamic. host: lisa is next from texas on the independent line. good
host: how will the fiscal cliff negotiations affect you? will you lose benefits? caller: i will lose benefits at the end of december, and i will have to go on county assistance to see what they can do to help, but i would rather go back to work. i started picking work when i was 12 years old. host: what are you doing to prepare for the scenario? caller: i am trying to get my ged but i have always had a problem with education. guest: this is a huge issue. people like john are not at the...
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cliff, the economy will return to recession, and unemployment will go over 9%. aaron? >> jackie deangelis, thank you. >>> the fiscal cliff could have a devastating effect on northern virginia. a recent study found virginia could lose thousands of jobs because it had so many defense contractors and military agencies. governor bob mcdonnell is preparing for the worst. he's urging agency heads to look for potential cuts of 4% to their budgets for the 2014 fiscal year. >>> hailing a cab could get a little more pricey for the inauguration. the d.c. cab association is looking into implementing a surcharge for the weekend. the charge will reportedly target extra passengers in each car in order to encourage cabbies to work during the busiest times of the weekend. a surcharge was added for nationals playoff games, but it was rescinded. it will all be discussed at the taxicab commission's next meeting. >>> this morning we're seeing how emotional president obama got during and after his re-election bid. >> what you guys have done and the work that i'm doing is important. i
cliff, the economy will return to recession, and unemployment will go over 9%. aaron? >> jackie deangelis, thank you. >>> the fiscal cliff could have a devastating effect on northern virginia. a recent study found virginia could lose thousands of jobs because it had so many defense contractors and military agencies. governor bob mcdonnell is preparing for the worst. he's urging agency heads to look for potential cuts of 4% to their budgets for the 2014 fiscal year. >>>...
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Nov 28, 2012
11/12
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CSPAN
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eye 106
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in going over the fiscal cliff -- going over the fiscal cliff will hurt our economy and hurt job creation in our country. republicans are committed to continuing to work with the president to come to an agreement to avert the so-called fiscal cliff. it's one reason why we believe that we put revenue on the table, as long as it's accompanied by serious spending cuts to avert this crisis. we believe that this fits the president's request for a balanced approach to this issue. and we're going to continue to work with the president to try to resolve this in a way that is fair for the american people. we all know that we've had the spending crisis coming at us like a fraggete train. and it has to be dealt with. and in order to try to come to an agreement, republicans are willing to put revenue on the table but it's time for the president and democrats to get serious. about the spending problem that our country has. but i'm going to opt -- i'm optimistic that we can continue to work together to avert this crisis sooner rather than later. >> good morning. you know, i was heartened to see that la
in going over the fiscal cliff -- going over the fiscal cliff will hurt our economy and hurt job creation in our country. republicans are committed to continuing to work with the president to come to an agreement to avert the so-called fiscal cliff. it's one reason why we believe that we put revenue on the table, as long as it's accompanied by serious spending cuts to avert this crisis. we believe that this fits the president's request for a balanced approach to this issue. and we're going to...
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Nov 9, 2012
11/12
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WUSA
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economists say if they don't find one, the fiscal cliff could throw the economy back into a recession. the congressional budget ofce says that those spending cuts and tax increases, if they do take effect, the unemployment rate will rise to 9.1%. that is an area that is already rattling markets worldwide. >> i think wall street is just generally less optimistic that we will get a real good resolution to this real looming problem of the fiscal cliff. >> reporter: congress returns to washington next week. but it is likely lawmakers will push closing a deal right up to the deadline. tara mergener, for cbs news, the white house. >>> now, the president is set to speak at 1:00. we will be streaming it live on our web site. wusatv9.com. >>> former democratic national committee chair terry mcauliffe is running for political office and sent an e-mail announcing he will run for governor of virginia. he tried for governor last year but lost in the democratic provide mare. since the current governor republican bob mcdonald cannot run again, they are seeking the republican nomination. >>> this ele
economists say if they don't find one, the fiscal cliff could throw the economy back into a recession. the congressional budget ofce says that those spending cuts and tax increases, if they do take effect, the unemployment rate will rise to 9.1%. that is an area that is already rattling markets worldwide. >> i think wall street is just generally less optimistic that we will get a real good resolution to this real looming problem of the fiscal cliff. >> reporter: congress returns to...
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Aug 23, 2012
08/12
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WUSA
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the nonpartisan agency says the mere threat of the so-called fiscal cliff is already holding back the economy. massive spending cuts and tax hikes will kick in at the start of the new year unless congress agrees to some compromises. >>> a new report finds the middle class is getting smaller. in the u.s. middle-income earners are defined as those making between 39 and 118,000 a year for a family of three. the middle class this rank to 51% of a-- shank shrant to 51% of adults. >>> papal is expanding its push into stores. it struck a deal. it will allow retailers to accept discover cards actually -- [indiscernible] customers will be able to use papal accounts and later mobile devices. >> people have the card too? >> they're issuing a card. >> wow. >> every time i see papal versus my credit card, i always go to the credit card. i don't know what to make of paypal. >> they're definitely changing their business plan. >>> the cdc says 2012 could turn into a potentially historic year for one deadly virus. >> we'll have more on that story. plus your weather first when we return in two minutes.
the nonpartisan agency says the mere threat of the so-called fiscal cliff is already holding back the economy. massive spending cuts and tax hikes will kick in at the start of the new year unless congress agrees to some compromises. >>> a new report finds the middle class is getting smaller. in the u.s. middle-income earners are defined as those making between 39 and 118,000 a year for a family of three. the middle class this rank to 51% of a-- shank shrant to 51% of adults....
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Oct 26, 2012
10/12
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WRC
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. >>> a series of huge spending cuts and tax hikes known as the fiscal cliff are two months off, but the threat is having a huge impact on the economy. a report by the national association of manufacturers says nearly 1 million jobs have already been lost this year. the association says that number could jump to 6 million if congress does not stop the cuts. the report says companies across the country are laying off workers and putting off major purchases until congress acts. >>> today people in favor of expanding gambling in maryland will hold a rally aat the proposed casino site in national harbour. opponents to the plan held a rally in forest heights. supporters say the campaign against question 7 is misleading. >>> supporters of another controversial measure on maryland's ballot are also rallying in these final days before the election. more than 100 proponents of the maryland d.r.e.a.m. act gathered on college campuses throughout the state yesterday. the law would allow all maryland residents to pay instate tuition regardless of their immigration status. if the d.r.e.a.m. act pa
. >>> a series of huge spending cuts and tax hikes known as the fiscal cliff are two months off, but the threat is having a huge impact on the economy. a report by the national association of manufacturers says nearly 1 million jobs have already been lost this year. the association says that number could jump to 6 million if congress does not stop the cuts. the report says companies across the country are laying off workers and putting off major purchases until congress acts....
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fiscal cliff. good afternoon. i'm steve sanders. and i'm dina bair. we welcome our viewers who are watching us around the country on wgn america and on the web. but first, our top story. apparently wrapping up their operations here. they have refused to say much about their ongoing search. day five of this effort comes five years after the mysterious disappearance of stacy peterson. state police tell us that there is now tip or lead that instigated this week's efforts. the availability of fbi resources was apparently ideal for following up on old leads. >> hope they find her. her husband remains a prime suspect. a former officer was convicted of killing his third wife. back in 2007 police pinpointed activity. >> bring my daughter here all the time. just to know that there may be remains here, i hope they could find her. >> would be nice if the family had closure. >> operation seem to be wrapping up for today. there's no indication whether the search will continue again at any point. so far today th
fiscal cliff. good afternoon. i'm steve sanders. and i'm dina bair. we welcome our viewers who are watching us around the country on wgn america and on the web. but first, our top story. apparently wrapping up their operations here. they have refused to say much about their ongoing search. day five of this effort comes five years after the mysterious disappearance of stacy peterson. state police tell us that there is now tip or lead that instigated this week's efforts. the availability of fbi...
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Nov 12, 2012
11/12
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WUSA
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the president and a group of bipartisan congressional leaders will hold their first fiscal cliff meeting on friday. republicans and democrats of course taking to the sunday talk shows with their agendas but both sides did indicate there could be a growing bipartisan consensus that any solution must include a combination of spending cuts and revenue increases. >>> in the other financial headache hanging over global economies, there is a step forward to tell you about in the greek debt crisis. greek lawmakers have approved the country's 2013 austerity budget. this is a key step in greece's efforts to persuade its internional creditors to unblock a rescue loan installment. without this the country will go bankrupt. >>> it's going to cost you a little bit more to prepare the thanksgiving meal this year but the total cost would actually have been lower this year if it weren't for the bird. the american farm bureau of federation estimate it is will cost you $49.48 to feed ten people. the turkey, all the fixings, that's up only 28 cents over last year. the turkey alone was up 66 cents. i'm thin
the president and a group of bipartisan congressional leaders will hold their first fiscal cliff meeting on friday. republicans and democrats of course taking to the sunday talk shows with their agendas but both sides did indicate there could be a growing bipartisan consensus that any solution must include a combination of spending cuts and revenue increases. >>> in the other financial headache hanging over global economies, there is a step forward to tell you about in the greek debt...
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Nov 27, 2012
11/12
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CSPAN
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they just keep pumping more debt in the the economy. host: you are saying go over the fiscal cliff? caller: yes. it is not even enough in my opinion to balance the budget. it is still about three times the average deficit under bush. let us go back to the clinton tax era. eileen anywhere between republican and libertarian. up -- yes i am not. i lean anywhere between republican and a libertarian. host: what do you make of republicans up on capitol hill -- to sort of a back off the tax pledge that he took when he ran for senate, saying he would not raise taxes. caller: if we are going to raise taxes my important thing is raising them on everybody. because if they try to strike a compromise where only the rich get taxed, then it gets more progressive. it is not a point to help the budget. we are right to raise taxes, raise them all the way down to where clinton had them. host: senators lindsey gramm represented peter king, talking publicly abandoning the pledge of democrats will talk seriously about entitlement reforms. rest in peace, grover norquist? there are not enough republican ta
they just keep pumping more debt in the the economy. host: you are saying go over the fiscal cliff? caller: yes. it is not even enough in my opinion to balance the budget. it is still about three times the average deficit under bush. let us go back to the clinton tax era. eileen anywhere between republican and libertarian. up -- yes i am not. i lean anywhere between republican and a libertarian. host: what do you make of republicans up on capitol hill -- to sort of a back off the tax pledge...
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fiscal cliff even with the fiscal cliff. dave: you and i agree with it will take to get the economy growing stronger because we are like-minded with that. you don't like the economic policies the president is proposing. dozen there come a time when those economic policies to stifle the economy and strip it up? >> absolutely. when we look back in history 1970s had big growth in government and when you have big spending like we do today you get weaker growth. france for 40 years has grown numb to% real gdp and 8% unemployment. they think it is normal. the good news is america doesn't think it is normal and you have to keep pounding the table that this isn't normal. it is not good. so do i. the only way to get back up to good growth is to cut the size of the government. i still believe we have eight to ten years even on the crazy course we are on right now before we are anything like one of these european countries. this is still an amazingly powerful entrepreneurial place. i am betting on the entrepreneur and even though the g
fiscal cliff even with the fiscal cliff. dave: you and i agree with it will take to get the economy growing stronger because we are like-minded with that. you don't like the economic policies the president is proposing. dozen there come a time when those economic policies to stifle the economy and strip it up? >> absolutely. when we look back in history 1970s had big growth in government and when you have big spending like we do today you get weaker growth. france for 40 years has grown...
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Dec 31, 2012
12/12
by
CSPAN2
tv
eye 114
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buff to understand what the fiscal cliff is. you have to understand that the president is telling you that it's a cliff and it's bad and everybody on television thinks, it's terrible to go over the cliff. what is the cloy in taxes going up b you if it's bad for taxes to go up for a bunch of people, why is it good for taxes to go up only on a smarl portion of people? you said, with they're rich, they can afford it. here's the problem. the rich pay most of the taxes in our country. the tap 2% pay half of the taxes so what you're saying is, they're rich and they can absorb it. but that's half of the nation's income will have increased taxes. you will take money from the productive sector, which is the private sector, and you will put it into the nonproductive sector, which is washington. so if you want ditching to dug and then to be filled up again, send more money to washington. but if you want jobs to be created, if you want the economy to thrive, you should want to leave that money in your community. it shouldn't matter to you w
buff to understand what the fiscal cliff is. you have to understand that the president is telling you that it's a cliff and it's bad and everybody on television thinks, it's terrible to go over the cliff. what is the cloy in taxes going up b you if it's bad for taxes to go up for a bunch of people, why is it good for taxes to go up only on a smarl portion of people? you said, with they're rich, they can afford it. here's the problem. the rich pay most of the taxes in our country. the tap 2% pay...
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Dec 19, 2012
12/12
by
CNBC
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eye 156
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wait until you hear what he says will happen to his state's economy if they go over the fiscal cliff. be right back. if you think running a restaurant is hard, try running four. fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. [ male announcer ] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade. >>> welcome back. a bipartisan group of senators want to know if the nation's biggest banks, those with $500 billion and more in assets, are getting preferential treatment in
wait until you hear what he says will happen to his state's economy if they go over the fiscal cliff. be right back. if you think running a restaurant is hard, try running four. fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. [ male announcer ] how do you trade? with...
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Jul 18, 2012
07/12
by
KGO
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eye 304
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not come up with a plan the economy could go off, he said a fiscal cliff. and that he says could trigger a new recession and cost jobs. and he did not say what or when. >> and wall street's initial reaction to the comments was negative but strong reports from mattel drove the dow higher today. s and p is up 10. and there is profits down 12%. lost $300 million in investments. and there is vie viacom said they decided to show the colbert report online to people can see it. and "wall street journal" reports fe. apple iphone will have a thinner touch screen about half a millimeter saying that could free up enough space fr a bigger and longer lasting battery. >> talking about gadgets newest imprint from tablet market comes from google. and what is so hot about the device. >> the co-pounder had a chance to play with the nexus seven. we asked him to sum it up. >> it's the best $200 tablet you can buy now. >> just a year ago there was no such thing, then, the kindle fire, and nechls yugs 7 had compromises. no rear camera, not much memory. >> they had to make a lot
not come up with a plan the economy could go off, he said a fiscal cliff. and that he says could trigger a new recession and cost jobs. and he did not say what or when. >> and wall street's initial reaction to the comments was negative but strong reports from mattel drove the dow higher today. s and p is up 10. and there is profits down 12%. lost $300 million in investments. and there is vie viacom said they decided to show the colbert report online to people can see it. and "wall...
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Nov 30, 2012
11/12
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FOXNEWSW
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it depends on how much you think going over the fiscal cliff will affect the economy. others say it will be devastating and others say it will be back. it depends on where you stand when you are making these sort of analyses. megyn: it feels like we are left with the economy -- with people's livelihoods and growth in the country and salaries and unemployment benefits. we are just left. both sides are accusing the other of being the untethered risk taker. last night speaker boehner made remarks demanding leadership on the president. here he is. >> this is not a game. jobs are on the line. the american economy is on the line. this is a moment for adults leadership. megyn: is there a political risk to the president? is there a political risk to him in looking a little too bashful little too smart, as they say, when it comes to this game? >> sure, there are political risks all around for both sides. he saw the president today. he has been doing this and will be doing more of it. trying to clean outside game and put pressure on and make the public put pressure on members of
it depends on how much you think going over the fiscal cliff will affect the economy. others say it will be devastating and others say it will be back. it depends on where you stand when you are making these sort of analyses. megyn: it feels like we are left with the economy -- with people's livelihoods and growth in the country and salaries and unemployment benefits. we are just left. both sides are accusing the other of being the untethered risk taker. last night speaker boehner made remarks...
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Oct 30, 2012
10/12
by
CNBC
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eye 236
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cliff. look, we've had a stagnant economy for ages. how come i'm recommending it now? the easy, it's cheap. it's fallen from its highs and thanks to equity investors have sold some of their shares. but mainly on account of the not so hot numbers we got from dollar tree. see, dollar tree cut its same-store sales guidance in the third quarter recently blaming high gasoline prices and the preholiday calendar shift. the forecast hammered the whole group. but i don't think their alibis add up. let's take them one at a time. first, higher gas prices. dollar tree blamed them for the weaker same-store sales? make sense to you? makes no sense to me. when gas prices go up, consumers are more likely to trade down. plus, the fact is that these dollar stores get a ton of walk-in traffic. they can careless about the price at the pump. then the preholiday calendar shift. dollar general gets 75% of its sales from food and consumables. these are much less affected by the shifts in the holidays. i love my dol
cliff. look, we've had a stagnant economy for ages. how come i'm recommending it now? the easy, it's cheap. it's fallen from its highs and thanks to equity investors have sold some of their shares. but mainly on account of the not so hot numbers we got from dollar tree. see, dollar tree cut its same-store sales guidance in the third quarter recently blaming high gasoline prices and the preholiday calendar shift. the forecast hammered the whole group. but i don't think their alibis add up. let's...
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Dec 27, 2012
12/12
by
FBC
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gerri: i want to talk about another issue with you that is a fiscal cliff going over the fiscal cliff, what will that do to housing? >> the worst case scenario in the fiscal cliff if the tax increases and spending cuts come into effect would be bad for the economy and would really hurt housing demand. even if the fiscal cliff is solved, less damaging ways to resolve the fiscal cliff, the housing market still might be affected if the mortgage interest deduction is cut back severely. right now the mortgage interest deduction cost the government roughly $100 billion per year in revenue and getting rid of that would likely increase home values particularly in more expensive areas. gerri: rehear it would put the brakes on selling and home buying in those areas. what are the issues for you? you know all the issues and housing, what are you looking for next year? >> three things have been really important, the first is the inventories of homes for sale are down sharply. that is great news for home sellers because there is less competition. bad news for buyers. demand is also up, rising rent,
gerri: i want to talk about another issue with you that is a fiscal cliff going over the fiscal cliff, what will that do to housing? >> the worst case scenario in the fiscal cliff if the tax increases and spending cuts come into effect would be bad for the economy and would really hurt housing demand. even if the fiscal cliff is solved, less damaging ways to resolve the fiscal cliff, the housing market still might be affected if the mortgage interest deduction is cut back severely. right...
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Jun 27, 2012
06/12
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WETA
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eye 140
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what do you say to lawmakers about the importance of avoiding the fiscal cliff? >> it could have a significant impact on the economy, so we watch to make sure they understand how important it is, and i would also say that this is an issue for the congress and the administration to deal with before year end, and that monetary policy shouldn't be thought of as in any way a substitute for or able to compensate for fiscal mistakes. so i would emphasize that this ball is in their court. >> tom: still ahead, the heat is on, the nation's corn crop is facing a drought, putting upward pressure on grain prices. a >> tom: two big developments in the tablet computer market today. first, a california federal judge banned samsung from selling or making its galaxy 10.1 tablet, or any similar device in the u.s. this is the latest chapter in the legal battle between samsung and apple over patents. apple sued claiming the samsung tablet violated its design patent, for how the ipad looks. but the jury is still out on how this decision will affect both company's bottom lines. >> in
what do you say to lawmakers about the importance of avoiding the fiscal cliff? >> it could have a significant impact on the economy, so we watch to make sure they understand how important it is, and i would also say that this is an issue for the congress and the administration to deal with before year end, and that monetary policy shouldn't be thought of as in any way a substitute for or able to compensate for fiscal mistakes. so i would emphasize that this ball is in their court....
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Nov 26, 2012
11/12
by
CNBC
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eye 186
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the economy slows down, courtesy of the fiscal cliff. fedex will still have a reason to go higher because of the restructuring. because we know the company's already cost cutting its way to better earnings. fedex also is a china kicker and we like that. company gets 30% of its sales from overseas, mainly from asia. but also some europe and latin america. you know, i think the chinese economy is in the process of coming in for a soft landing which is incredibly bullish. look, this weekend we got more positive data from china. now that the leadership transition has happened in the communist party, i think the chinese government could be more aggressive about stimulating the economy since they seemed to have got their inflation situation whipped and a rebound in china's economy, what a reason to own fedex in itself. last but not least, i think fedex is worth buying here because the price is right. at the moment the stock is trading at 11 times earnings. we're 20% below where u.p.s. is trading. it isn't that much better. u.p.s. is not that m
the economy slows down, courtesy of the fiscal cliff. fedex will still have a reason to go higher because of the restructuring. because we know the company's already cost cutting its way to better earnings. fedex also is a china kicker and we like that. company gets 30% of its sales from overseas, mainly from asia. but also some europe and latin america. you know, i think the chinese economy is in the process of coming in for a soft landing which is incredibly bullish. look, this weekend we got...
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Jun 7, 2012
06/12
by
WBAL
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eye 161
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including blooming spending cuts and tax increases to avoid going off the so-called fiscal cliff berry >> if no action were taken in the fiscal cliff were to expand to its full size, it would be likely that the economy would begin to contract. >> bernanke told lawmakers that with -- the fed would keep interest rates near zero for the next two years and the board will a guy with the need for further action in its meeting later this month. >> no signs of economic problems last night. it was a huge night for the newly opened at maryland live casino. >> we will fill you in on economic education program. >> the orioles going for this week tonight at camden yards north. that is what they are calling it these days. >> a little warmer today in a few more thunderstorms on hd doppler. we'll see what is ahead for friday in the weekend with the forecast. 76 at the airport, 81 downtown. >> it was an eye opening field trip for some baltimore middle schoolers today. the took part in the economics education program. it was a close look at handling money. students were assigned a real- life situation,
including blooming spending cuts and tax increases to avoid going off the so-called fiscal cliff berry >> if no action were taken in the fiscal cliff were to expand to its full size, it would be likely that the economy would begin to contract. >> bernanke told lawmakers that with -- the fed would keep interest rates near zero for the next two years and the board will a guy with the need for further action in its meeting later this month. >> no signs of economic problems last...